Re: Oh, it is going to be fun
"The fundamental issue is that the power companies make billions. Literally millions per day. They are happy to take the subsidised government hand outs, & sod the rest of us."
Of course power companies make millions, we're huge companies undertaking complex and often high risk capital and manpower intensive operations to give miserable whiners like you power at an acceptable cost and reliability. I'd wager you don't do your locksmithing for free, why should the pension funds, insurance companies and private investors who own power companies provide the requisite capital for free? Take SSE, as they're a UK only company active in all parts of the energy market. Return on capital employed last year? 4.9%. That's about half the rate made by a supermarket, and a quarter of the figure for BT. If you've got a van and tools that are worth £15k, and your knowledge is intellectual property worth the same again, then 4.9% return would mean you earned £1.5k a year. So what you're saying is that you want power companies investors to provide the money required for a rate you wouldn't dream of getting out of bed for?
As for government handouts, what ****ing handouts? Energy companies are obligated by law to spend around £2bn a year on helping improve energy efficiency, and sorting out deficiencies in the welfare state. We have the government rubber stamping EU directives to shut down our generating assets without compensation. We have obligations to buy ever increasing percentages of power from the government's beloved wind turbines. We have to administer at our own cost bizarre middle class subsidies like the various "feed in tariff" payments. We have our arms twisted to invest in nonsense like "green deal".
But do continue to post your valuable thoughts - any comment thread on smart meters rarely centres on any facts.